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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateCredit off escrow costs as compensation for bad fixtures?
Mark Hu's profile image
Mark Hu's profile image
Mark Hu
  • Real Estate Investor
  • from Huntington Beach, California
  • Member since Mar 14, 2008
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Mark Hu's profile image
Mark Hu's profile image
Mark Hu
  • Real Estate Investor
  • from Huntington Beach, California
  • Member since Mar 14, 2008
Connect
Mark Hu
  • Real Estate Investor
  • Huntington Beach, CA
9
Votes |
221
Posts
Buying & Selling Real Estate

Credit off escrow costs as compensation for bad fixtures?

Mark Hu
  • Real Estate Investor
  • Huntington Beach, CA
Posted Oct 16 2011, 21:41

I have a seller who is offering me credit off escrow closing costs in exchange for furnace that doesn't work, etc. Why would a seller prefer to do this (instead of cash to me)? And how would the seller compensate the escrow company for the money I would not be paying them?
Thanks

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